Sunday, April 19, 2022

ADA Stake Pool Operator: 8 Reasons to be Excited about Cardano

Cardano Community Member Discusses Blockchain Developments

Reddit user GenZod7 (ADA Stake Pool Operator Unspent/1UP) recently elaborated on eight reasons to believe in the Cardano blockchain project.

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Why Cardano is the Real Deal

1. Adrestia
Adrestia is a product team working on developing tooling and client interfaces around Cardano. Their mission is to create an easier bridge between end-users applications and Cardano core node by pushing out higher level interfaces to interact with the Cardano blockchain...

2. Ogmios
Ogmios is a translation service written in Haskell running on top of Cardano-node. It offers a JSON-WSP interface through WebSockets and enables clients to speak to Ouroboros' mini-protocols via remote procedure calls over JSON. Ogmios brings the Ouroboros mini-protocols to the Web, effectively allowing light clients to interact with a relay node in a very simple and efficient way...

3. Daedalus Flight 
Daedalus Flight is a new ‘pre-release’ version of the Daedalus wallet. IOHK has invited the community to help test the wallet in a series of rolling releases by finding bugs, testing new features, sharing feedback, and submitting feature requests. Please note that Daedalus Flight is working on the mainnet and uses REAL ADA...

4. The Byron Reboot
The Byron reboot is a series of updates to multiple components of the Cardano network. Namely the Cardano node, but also the Cardano explorer, the wallet backend, and the Daedalus wallet itself. The first part of the Byron reboot - a totally new node implementation...

5. Jormangandr ITN
Jormungandr is a node implementation, written in rust, with the initial aim to support the Ouroboros type of consensus protocol. A node is a participant of a blockchain network, continuously making, sending, receiving, and validating blocks. Currently, Jormungandr is running as an Incentivized Test Network (ITN), where users who held their ADA in Daedalus or Yoroi in late November are able to stake...

6. Plutus (Smart Contracts) - Goguen
Plutus provides an execution platform and functional programming language that runs on the Cardano settlement layer and provides considerable security advantages. It delivers an easier, more robust way to show that your smart contracts are correct and will not encounter the problems found in previous smart contract language design. By using Plutus you can be confident in the correct execution of your smart contracts...

7. Marlowe - Goguen
Marlowe is a new language for modeling financial instruments as smart contracts on a blockchain. It has been designed for people who are business engineers or subject experts rather than experienced developers. It is a simple domain-specific language (DSL) which comprises a small number of powerful building blocks that can be assembled into expressive financial contracts. It is embedded in the Haskell language, which has its own established ecosystem and testing framework...

8. Shelley
Full Decentralization. The Time is Almost Upon Us.

   Read the entire post, including links to other resources: 8 Reasons to Believe in Cardano

*Information contained herein is not to be construed as investment advice, always complete your own due diligence.

Cardano Blockchain 3.0 • ADA Cryptocurrency

Cardano Foundation, Input Output and Emurgo support the Cardano blockchain 3.0 platform.
Entities Supporting the Cardano Platform

Cardano developer Input Output is an engineering company that builds cryptocurrencies and blockchains for academic institutions, government entities and corporations; the Cardano platform has been developed with more advanced features than any protocol yet, and is the first to evolve out of a scientific philosophy. The large team of expert engineers and researchers, drawn from around the globe, began by deconstructing the concept of a cryptocurrency and incorporating a groundbreaking Proof of Stake Algorithm, Ouroboros. The IOHK team employed a first principles approach driven by peer-reviewed, academic research to build Cardano from the ground up.
The Cardano Foundation, an independent-entity based in Switzerland, supervises the development of Cardano and its ecosystem; they are committed to protecting and promoting Cardano, and to advocating on behalf of the users and community of the protocol.
Emurgo is a global blockchain technology company providing solutions for developers, startups, enterprises and governments integrating onto the Cardano blockchain. EMURGO develops enterprise-grade applications, builds developer tools, invests in startups, and provides blockchain education; the company has offices and manages projects in Singapore, Japan, the USA, India, and Indonesia. EMURGO is a founding member of the Cardano protocol.